Category: Pricing

by Marcin Zarzecki, CEO of Quotiss This is the second part of the article, which covers the numerous errors in the rates distributed by the shipping lines. In the first article, I illustrated that there is a clear lack of the unified standard across the carriers and even within the same carrier different offices use different […]

by Marcin Zarzecki, CEO of Quotiss There are many good things one can say about container shipping lines, but they are also very well known for sending very complex and unstructured rate sheets. During my time in Maersk, where I spent over 10 years in sales, I was often struggling with the challenges of the […]

Every freight forwarder knows that the logistics industry is mostly driven by the price. In such a highly competitive market, any opportunity to improve profit margins should not be missed. Technology can significantly improve efficiencies internally, resulting in greater profitability. These improvements mostly come from the reduction of manual processes – time-consuming and error-prone. For […]

In the last couple of months, we see a growing interest in our product and based on the questions we receive, we’ve decided to write this article about Quotiss. As you read through, you will find out what Quotiss is and what it is not, and how exactly Quotiss helps freight forwarders to gain commercial […]

Digitalization of freight is one of the most popular topics in the industry media. Many startups are set for industry disruption, and many investors support the trend with millions of dollars in venture capital. Here are three facts that are commonly known: The container shipping industry is very important, very traditional, very manual and very […]

It’s not a secret, that when it comes to container shipping, there is quite a lot of potential for optimization. There are approximately 50 000 freight forwarders in the world. They buy space on ships from the shipping lines and sell this space to shippers, usually adding more services and charges on top. It’s also […]

The Most Popular Software in Container Shipping The most popular computer program in workplaces all over the world is undoubtedly Microsoft Excel. Released in 1985, Excel became a superstar tool, helping businesses become more efficient. Its advanced formulas turned manual processes that took weeks to complete into something that takes only a few hours. Today, […]

Everybody Loves Pizza! Over 5 billion pizzas are eaten every year in the world. It is 30 billion dollar business, and more and more new pizzerias are opening. Why is pizza so popular? Probably, one of the reasons is that ‘pizza model’ is universal and extremely simple! No matter which country you go to, pizza […]

In the previous post “Pricing Challenge for Container Shipping” we mentioned that it’s not an easy task to manage freight rates. This is because the transportation costs consist of up to 25 various charges, and shipping companies have to put up with enormous rate volatility – up to 50 rate revisions per year. Looking at the whole transportation process, it […]

Among other daily routine tasks, shipping lines and freight forwarders have to set up and manage pricing for their services. They also prepare and send offers to their customers. The industry is known for being quite complicated and slow in this respect, but there are important reasons why. Transportation Costs Let’s take a look at this aspect […]